AstraZeneca to Invest $4.5 Billion in Albemarle County, Virginia

Creating 600 High-Tech Jobs

RICHMOND, Va. — (October, 15 2025) — Global biopharmaceutical leader AstraZeneca has announced a $4.5 billion investment to establish two new manufacturing facilities in Albemarle County, Virginia—marking the company’s largest single manufacturing investment in history. The project is expected to create 600 high-paying jobs and generate an additional 3,000 indirect jobs, strengthening the Commonwealth’s life sciences and advanced manufacturing sectors.

The new facilities will include a drug substance manufacturing site focused on chronic diseases and an antibody-drug conjugate (ADC) facility supporting AstraZeneca’s oncology pipeline. Together, they will expand U.S. production capacity for therapies targeting cancer, obesity, heart disease, and other chronic conditions…

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